An Overview of “Profitability Accounting Methodology for Law Firms”
By Jay Erdman Over the years, the term “profitability analysis” has meant different things to different people. For example, some refer to “billing realization” or “collection realization” as the metric for measuring profitability in the law firm environment. At SurePoint, we believe that law firms should measure profitability utilizing a different and better measurement derived […]
Best Practices and Insights on Transitioning a Law Firm to Remote Work
When Paul Walker assumed his role as controller at Snow Christensen & Martineau (SCM), he knew that his primary focus would be to lead all accounting and financial activities for the practice. Now, he finds himself serving as a driving force in the transition of his attorneys and staff working within a traditional office setting […]
Key takeaways from ‘Best Practices in Client Relations & Communications During Uncertain Times’ Webinar
Julie Savarino, MBA, JD, is no stranger to building and maintaining relationships within the legal community. A best-selling author and licensed attorney, Julie is one of the highest-rated speakers, trainers and coaches in the industry and currently serves as chief client services and development officer for Business Development Inc. SurePoint had the privilege of being accompanied by Julie […]
Changing Client/Matter Attorney Assignments in the SurePoint Legal Management System (LMS)
Maintaining client/matter attorney assignments in your ERP is vital to supporting proper billing practices. Jennifer Webster, Client Advocate, recently presented the Practice Pointers webinar “Changing Client/Matter Attorney Assignments” where she shared best practices on updating regular and split attorney assignment designations to current and historical data in LMS.
Community First – SurePoint team donates $21,000 to Freestore Foodbank
If you were to sit in on any of the daily virtual town halls at SurePoint Technologies you would be familiar with the phrase, “Our community is everything”. For each of us at SurePoint, this core principle guides everything we do. Trusted by more than 300 law firms and 50,000+ legal professionals, law firms rely […]
Three Key Takeaways from “Profitability: The Science Behind the Numbers” Webinar
Understanding the profitability of your firm is essential to the stability and growth of the practice. Every firm needs to have a solid understanding of its profitability components – the products (areas of law), the clients (those who buy the products), and the attorneys (those who sell, manage, and create the products). Unfortunately, many firms […]
What’s Working for You: Desk Spaces That Stimulate and Motivate
Happy Friday from our home office to yours. We’ve asked a few of our very own SurePoint employees to share pictures of their home offices to spark some creativity in your own workspaces. How have you set up your home office? What ignites motivation and inspiration throughout your day? See below for how a few SurePointers have set up their home office.
Best practices for protecting firm and client data as a distributed team
The transition from working in a traditional office setting to that of a distributed team has presented a series of unprecedented challenges for law firms, especially as it relates to technology. Most professionals working in the legal industry did not specialize in Computer Science or Information Technology which may raise concern regarding the management and […]
Leverage cloud technology for advanced business continuity
Now, more than ever, businesses are relying on strong continuity plans to keep their organization operational. The legal market is no exception. Hundreds of law firms across the country have transitioned to working remotely which has presented a series of unprecedented challenges. Law firm leaders and management have been propelled into re-evaluating their existing practice […]
The Virtual Watercooler: How to Nurture Culture & Connectivity Remotely
Whether you’re a seasoned remote worker or you’re adapting to working from home for the first time, you’ve probably noticed one thing missing in your daily work routine – human connectivity. Remote work can be isolating and demands creative ways to engage with your colleagues. There’s no crossing of paths in the hallway and no physical “water cooler” where you can ask your colleague how their weekend or […]